China National Offshore Petroleum Corporation (CNOOC) has completed the longest oil and gas pipeline through great depths in China. In this respect informs Zhongguo xinwenwang portal.
According to the portal, the new oil and gas pipeline connects Hainan province to the Shenhai-1 semi-submersible floating platform. The last section of the pipeline is located in Lingshui Liskom Autonomous County (south coast of the island).
The report states that the maximum depth of the pipeline is 1,000 meters. The discovered reserves of the deposit are estimated at 50 billion cubic meters.
At the end of March, Business Times cited a statement from the Shanghai Oil and Gas Exchange. WroteFor the first time, CNOOC paid for shipments of liquefied natural gas (LNG) in yuan and sold it to TotalEnergies (France), one of the world’s largest oil and gas companies.
in advance CNOOC to create Large oil field in Bohai Bay. CNOOC noted that oil reserves in this area are about 100 million tons. At the same time, the existing well can produce 2040 barrels of crude oil and 320 thousand cubic meters of gas per day.